Qatar fund to reduce Sainsbury’s stake after nearly two decades
Qatar’s sovereign wealth fund plans to reduce its stake in Britain’s second-largest supermarket group Sainsbury’s SBRY.L by nearly 4 per…
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Corporate tax in the UAE: The new reality for businesses
Corporate Tax has ushered in one of the most significant shifts in the UAE’s financial landscape. For the first time,…
Saudi cybersecurity firm COGNNA raises $9.2mln to expand globally
Saudi Arabia-based cybersecurity start-up COGNNA has raised $9.2 million to boost its regional footprint and enter new global markets. …
Zest Equity secures ADGM Financial Services permission, expanding its global private-market infrastructure
Zest Equity1 has announced that it has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA)…
QFC Family Office Forum highlights Qatar’s value proposition for wealth preservation and growth
The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, hosted this year’s edition of…
NBK Wealth – KSA concludes a real estate transaction in Riyadh to develop a mixed-use property with a total cost of USD 80mln
In a new affirmation of NBK Wealth Group’s success in strengthening its presence in Saudi Arabia, NBK Wealth – KSA,…
Dubai Residential REIT announces operational performance update for the 9-month period ended 30 September 2025
Dubai Residential REIT (DFM: DUBAIRESI), a Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and…
Jordan and Syria seek to strengthen banking cooperation, exchange expertise
Jordan and Syria are expected to strengthen bilateral cooperation and exchange expertise in the banking and financial sectors, as central…
Egypt’s local currency deposits rise to EGP 9.26T in October:CBE
Total deposits in local currency at banks operating in Egypt increased to EGP 9.264 trillion by the end of October…
Mbank Eyes Switzerland
The digital bank Mbank from Abu Dhabi is sharpening its international focus and showing particular interest in Switzerland. The lender's…
DWS and Deutsche Bank partner with Qatar family office on German mandate
DWS and Deutsche Bank have signed a memorandum of understanding (MoU) with Doha-based private family office Al Mirqab Capital to…
EFG Hermes reaches successful completion of advisory for Cherry Trading Company’s IPO on the Saudi Exchange
EFG Hermes, an EFG Holding Company and the region’s leading investment bank in the MENA region, announced that its investment…